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Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 1,503 $ 1,564 $ 1,592
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Gain on Disposal of Discontinued Operations (122) 0 0
Depreciation and Amortization 982 974 838
Amortization of Nuclear Fuel 153 136 121
Provision for Deferred Income Taxes (Other than Leases) and ITC 811 1,106 326
Non-Cash Employee Benefit Plan Costs 175 315 347
Lease Transaction Reserves, net of tax 170 0 (29)
Net (Gain) Loss on Lease Investments (55) (56) (167)
Leveraged Lease Income, Adjusted for Rents Received and Deferred Taxes (55) (336) (678)
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (165) 50 25
Over (Under) Recovery of Electric Energy Costs (BGS and NTC) and Gas Costs 43 (36) (32)
Over (Under) Recovery of Societal Benefits Charge (SBC) (96) (123) 4
Market Transition Charge Refund (61) 84 0
Cost of Removal (62) (58) (54)
Net Realized (Gains) Losses and (Income) Expense from NDT Funds (117) (106) (50)
Loss on Early Extinguishment of Debt 17    
Net Change in Tax Receivable 673 (689) 0
Net Change in Certain Current Assets and Liabilities 247 (221) 221
Net Change in Certain Current Assets and Liabilities:      
Employee Benefit Plan Funding and Related Payments (508) (508) (446)
Other 41 68 (163)
Net Cash Provided By (Used In) Operating Activities 3,557 2,164 1,855
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (2,083) (2,160) (1,794)
Proceeds from Sale of Discontinued Operations 687 0 0
Proceeds from the Sale of Capital Leases and Investments 179 496 880
Proceeds from Sales of Available-for-Sale Securities 1,355 1,116 1,769
Investments in Available-for-Sale Securities (1,386) (1,140) (1,798)
Restricted Funds 0 (2) 116
Other (21) 21 35
Net Cash Provided By (Used In) Investing Activities (1,269) (1,669) (792)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans (64) (466) 511
Issuance of Long-Term Debt 794 1,728 459
Redemption of Long-Term Debt (1,514) (775) (820)
Repayment of Non-Recourse Debt (1) (32) (286)
Redemption of Securitization Debt (206) (197) (187)
Premium Paid on Debt Exchange/Redemption (17) (18) (36)
Cash Dividends Paid on Common Stock (693) (693) (673)
Redemption of Preferred Securities 0 (80) 0
Other (33) (32) (2)
Net Cash Provided By (Used In) Financing Activities (1,734) (565) (1,034)
Net Increase (Decrease) In Cash and Cash Equivalents 554 (70) 29
Cash and Cash Equivalents at Beginning of Period 280 350 321
Cash and Cash Equivalents at End of Period 834 280 350
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) (219) 1,070 1,364
Interest Paid, Net of Amounts Capitalized 479 444 500
PSEG [Member]
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,503 1,564 1,592
Power [Member]
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,098 1,143 1,189
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Gain on Disposal of Discontinued Operations (122) 0 0
Depreciation and Amortization 231 194 203
Amortization of Nuclear Fuel 153 136 121
Interest Accretion on Asset Retirement Obligation 18 18 27
Provision for Deferred Income Taxes (Other than Leases) and ITC 231 650 133
Non-Cash Employee Benefit Plan Costs 41 71 76
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (165) 50 25
Net Realized (Gains) Losses and (Income) Expense from NDT Funds (117) (106) (50)
Loss on Early Extinguishment of Debt 17 0 0
Net Change in Certain Current Assets and Liabilities:      
Fuel, Materials and Supplies (26) 135 97
Margin Deposit 49 (91) (31)
Accounts Receivable 197 (105) 109
Accounts Payable (154) 17 (115)
Accounts Receivable/Payable-Affiliated Companies, net 459 (386) 75
Other Current Assets and Liabilities 30 (66) (27)
Employee Benefit Plan Funding and Related Payments (129) (132) (114)
Other 1 38 (60)
Net Cash Provided By (Used In) Operating Activities 1,812 1,566 1,658
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (757) (825) (869)
Settlement Of Spent Nuclear Fuel Claim 0 16 47
Proceeds from Sale of Discontinued Operations 687 0 0
Proceeds from Sales of Available-for-Sale Securities 1,355 989 1,769
Investments in Available-for-Sale Securities (1,380) (1,013) (1,798)
Restricted Funds 0 2 115
Short-Term Loan - Affiliated Company, net (509) (398) 55
Other 26 24 29
Net Cash Provided By (Used In) Investing Activities (578) (1,205) (652)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of Long-Term Debt 544 594 209
Contributed Capital 0 0 230
Redemption of Long-Term Debt (1,250) (248) (294)
Repayment of Non-Recourse Debt 0 0 (280)
Premium Paid on Debt Exchange/Redemption (17) (13) (101)
Cash Dividends Paid on Common Stock (500) (549) (940)
Short-Term Loan - Affiliated Company, net 0 (194) 194
Other (10) (4) 0
Net Cash Provided By (Used In) Financing Activities (1,233) (414) (982)
Net Increase (Decrease) In Cash and Cash Equivalents 1 (53) 24
Cash and Cash Equivalents at Beginning of Period 11 64 40
Cash and Cash Equivalents at End of Period 12 11 64
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) 171 539 584
Interest Paid, Net of Amounts Capitalized 176 151 160
PSE&G [Member]
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 521 359 325
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 719 750 608
Provision for Deferred Income Taxes (Other than Leases) and ITC 571 444 194
Non-Cash Employee Benefit Plan Costs 118 217 236
Over (Under) Recovery of Electric Energy Costs (BGS and NTC) and Gas Costs 43 (36) (32)
Over (Under) Recovery of Societal Benefits Charge (SBC) (96) (123) 4
Market Transition Charge Refund (61) 84 0
Cost of Removal (62) (58) (54)
Net Change in Tax Receivable (16) 0 0
Net Change in Certain Current Assets and Liabilities:      
Accounts Receivable and Unbilled Revenues 252 (21) 152
Fuel, Materials and Supplies (4) (20) (9)
Prepayments 0 (31) (41)
Accounts Receivable/Payable-Affiliated Companies, net 197 (286) (62)
Other Current Assets and Liabilities (40) 68 (34)
Employee Benefit Plan Funding and Related Payments (330) (327) (288)
Other (36) (9) (42)
Net Cash Provided By (Used In) Operating Activities 1,776 1,011 957
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (1,302) (1,257) (855)
Solar Loan Investments (51) (27) (43)
Proceeds from Sales of Available-for-Sale Securities 0 54 1
Investments in Available-for-Sale Securities 0 (54) (1)
Other (1) 4 5
Net Cash Provided By (Used In) Investing Activities (1,354) (1,280) (893)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 0 0 (19)
Issuance of Long-Term Debt 250 1,114 250
Contributed Capital 0 0 250
Redemption of Long-Term Debt (264) (400) (203)
Redemption of Securitization Debt (206) (197) (187)
Cash Dividends Paid on Common Stock (300) (150) 0
Redemption of Preferred Securities 0 (80) 0
Deferred Issuance Costs (4) (10) (2)
Other 0 (3) (4)
Net Cash Provided By (Used In) Financing Activities (524) 274 85
Net Increase (Decrease) In Cash and Cash Equivalents (102) 5 149
Cash and Cash Equivalents at Beginning of Period 245 240 91
Cash and Cash Equivalents at End of Period 143 245 240
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) (514) 73 5
Interest Paid, Net of Amounts Capitalized $ 297 $ 294 $ 299